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Nevermind renting to a single mom, have you ever tried dating one? EleGiggle Listen to Kanye... :fullofwin: Have you seen her? My psychic told me she have an ass like Serena Trina, Jennifer Lopez, four kids And I gotta take all they bad ass to show-biz |
Does anyone use property management for basement suites? How much is the comission? |
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did you tell your dads girlfriend "UR NOT MY FUCKING MOM!" too when she didn't buy you the new iphone. |
i find asking about employment info and making sure the person has a steady and stable job is great at weeding out the less favorable types of tenants. |
Here's a few things I wanted to add to this thread from my experience. Hopefully you won't have to deal with a bad tenant but if you rent quite often than you unfortunately you will come across a bad tenant and you should be prepared. You have to be somewhat street smart when it comes to renting nowadays, too many fucked up people out there who know how to work the system. -Don't rent to people who show up say on the 2nd or 3rd and seem to be in a rush to rent and have cash on hand. I find these type of people are either getting evicted or they're been denied by other landlords because their references don't check out. -Like I said earlier, references don't mean much nowadays. I find work references are the most useless because I have yet to call a work references and the employer has said anything bad even though the person turned out to be a bad tenant. Credit check is ok because you can see if the person is responsible or not but I've had a tenant who had A+ credit but flaked out on the rent and moved out. One thing about credit checks though is it does weed out some bad tenants because bad tenants will be reluctant to provide personal info. Best tool imo is social media and the internet in general because it can give you a general idea of the person, even a simple google search can bring up information about a person. I also search linkedin profiles which I find much better than a work reference. Most professionals will have a linkedin profile. -I highly recommend you read up on tenancy laws in BC. -Always sign a BC tenancy agreement. Make sure this document is filled out properly and signed. Also be aware that your tenant will still have the same rights under the tenancy laws even if this agreement is not signed. There's some landlords who think not signing this agreement they can protect themselves from dealing with the tenancy board, this is not the case. -If things go bad between you and the tenant, make sure you give the proper notices and fill out everything properly. One mistake on the paperwork like forgetting to sign or having an incorrect name and that notice is void. Tenancy board pricks look for even the smallest mistakes so be careful. Also send important notices through registered mail as proof because most tenants will tell the tenancy board they never received the notice. -Remember, tenants have more rights than you (landlord). If you think giving a 30 day notice will have someone out of your rental unit at the end of that notice, think again. If the person knows his/her rights, they'll basically play the system and you'll be stuck with that person for 2-3 months or maybe longer and most likely they'll be living rent free so you'll be footing the bill. Also, never take shit into your own hands like changing locks. It's illegal and you can get in a lot trouble in a form of a fine. -Never take the law in to your own hands like changing locks or cutting off water, power, etc...As a landlord you can get in a lot of trouble in forms of fines which are very hefty. |
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As a customer service/ tech support. I also recommend never ever provide cable/phone/internet as well. Is good for both parties. We have had landlord closing their accounts because wasn't paid, tenants order a bunch of extra shit and landlord have to foot the bill (angry and sometimes they don't even have to pay coz they are the only ones who can make changes). Landlord didn't pay us so their service got D/C and tenants are left without any service. So save the hassle and let the tenants setup their own service. |
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I don't know computer specs. Is that fast enough for someone who likes to download mass amounts of software? The type of person who downloads enough to be issued a summons? When was the last time someone was issued a summons in Canada for illegal downloading? How often are these cases before the courts in comparison to the amount of downloading that is happening right now? I can't find any recent ones in the news. |
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I think you guys are just fearmongering. Your next post will probably be about how Justin Trudeau plans on using tax dollars to put brothels and weed shops next to my internet included rental suites. FeelsGoodMan |
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Hence it's baseless and just scare tactics! |
one thing you should be careful of are tenants who cook certain cuisines. If they use a lot of spices, chances of getting rid of the smell permanently after they move out is hard. Worst case scenario I heard of is one landlord had to redo the drywall to get rid of the smell. |
I lock non of my WIFI routers. I also have WIFI covering a 30 unit building I manage. |
Don't rent to people you know. Some people will try to take advantage of your friendship and you will have to deal with them assuming late rent isn't a big deal because you guys are friends. Renting to people with animals has it's pros/cons generally it means higher rent but has a chance of damage (i paid higher than market because i had a small dog, but it didn't pee inside, chew on anything, or smell, just a cost of being a dog owner in vancouver). My parents have had the most luck with middle aged couples. |
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This x100. In my experience, couples aged 35+ have been the best for me by a landslide. Obviously there can and will be exceptions. But, The cleanest my places have ever been is when I have rented to couples above that age range. |
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I'm not saying their are wrong, or not entitled to the things they ask for. I don't particularly enjoy playing hard ball with my landlord or my tenant because I'd like to keep these relationships cordial. |
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We opted for the first months full rent commission, and the management company was able to get us what we were asking (not lower) and a years lease signed. I'm not sure if they put their tenants through a screening/interview process or what but he always paid on time and had zero problems in dealings with him. |
^^^ can you pm me the company? Thanks! |
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